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20121226
20121226
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♪ >>> more yen selling. the u.s. dollar is rising further against the japanese currency on the foreign exchange market. the dollar has risen to the 85-yen level for the first time in 20 months. investors are selling yen on the tokyo foreign exchange on speculation policy makers at the bank of japan will agree to an inflation target proposed by the incoming administration. the new prime minister shinzo abe will take up office later in the day. analysts say the b.o.j. will likely further boost its monetary easing measures. the dollar is currently trading at 85.26-31 yen. ai uchida joins us now from the business desk for more on that. so ai, investors have been trading the dollar-yen quite dramatically over the last several weeks. >> that's right, catherine. just a month and a half ago that pair was trading in the mid 79-yen range. almost six whole yen weaker in just six weeks. a dramatic move indeed. so going forward, what can we expect? well, we spoke to disaburo nezo for his outlook. he is a senior executive fellow at fujitsu research institute. >> the yen's future is no
with hope and joy, for the savior has been born for us. >> for many in the audience, hearing the message in their own language was an obvious highlight. then came the blessing -- to the city and to the world. >> we are joined now in our studio by our religious affairs correspondent. it has been a busy year for the pope and the catholic church. >> it has indeed. it started off in february when he appointed 22 new cardinals, all europeans, to correct, as he saw it, the imbalance in the college of cardinals, created by his predecessor, john paul ii, who appointed a lot of latin americans. the pope wanted to restore the balance, as he saw it. then, of course, although he is 86 or will be in april, he said he was not going to travel much. in fact, he traveled quite a bit. he was in mexico, in cuba. he went to lebanon, celebrated a mass just 80 kilometers from where the fighting was. it has been a very busy year. and he published the third volume of his study in jesus christ. >> last night on christmas eve, the pope made one, that caught a lot of people's eyes, which was about technology, quit
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